{"id":688083,"date":"2022-09-22T09:06:21","date_gmt":"2022-09-22T13:06:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/"},"modified":"2022-09-22T09:06:21","modified_gmt":"2022-09-22T13:06:21","slug":"new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/","title":{"rendered":"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <i>Innovid&#8217;s inaugural CPG report reveals the power of CTV for brands in reaching and engaging global audiences<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 22, 2022<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=720727464&amp;u=https%3A%2F%2Fwww.innovid.com%2F&amp;a=Innovid\" target=\"_blank\" rel=\"nofollow noopener\">Innovid<\/a><\/u> (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV, today announced findings from its first-ever deep dive consumer packaged goods (CPG) report, examining critical trends, challenges, and opportunities in the video advertising industry. The report reveals that, amongst CPG advertisers, connected television (CTV) devices account for over half of all video ad impressions (52%) \u2013 up from 44% previously \u2013 overtaking both mobile (37%) and desktop (11%).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1815335\/INNOVID_LOGO.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1815335\/INNOVID_LOGO.jpg\" title=\"Innovid. (PRNewsFoto\/Innovid)\" alt=\"Innovid. (PRNewsFoto\/Innovid)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Consumer behavior is changing at an unprecedented speed, and the rise in ecommerce has compelled CPG brands to reimagine their digital advertising strategy,&#8221;\u00a0said <span class=\"xn-person\">Stephanie Geno<\/span>, CMO, Innovid. &#8220;To meet consumers&#8217; evolving shopping habits and build brand loyalty, CPG brands have turned to CTV for its ability to reach consumers with personalized, cutting-edge advertising formats in a largely unsaturated space.&#8221;<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold\" role=\"heading\">Key takeaways from the report for CPG marketers to consider include:<\/div>\n<ul type=\"disc\">\n<li>\n          <b>Seize the CTV Opportunity<\/b>\n        <\/li>\n<ul type=\"disc\">\n<li>CPG&#8217;s video impression share for CTV was 52%, up from 44%.<\/li>\n<li>Pet supply brands lead CTV impression share with 70%, followed by household cleaning and beauty (both at 62%), food (61%), household goods (60%), beverages (42%), personal care (40%), alcoholic beverages (39%), and over the counter (28%).<\/li>\n<\/ul>\n<\/ul>\n<ul type=\"disc\">\n<li>\n          <b>Boost Brand Loyalty with Advanced Creative<\/b>\n        <\/li>\n<ul type=\"disc\">\n<li>Over half (53%) of all CPG CTV advertisers ran some kind of advanced creative video (i.e. dynamic creatives and interactive content).<\/li>\n<li>CPG brands using advanced dynamic creative optimization (DCO) formats \u2013 a form of advertising technology that uses data to guide and optimize creative elements and messages \u2013 saw a significantly higher video completion rate (VCR), of 98.6% versus an average 93.9% completion rate for standard video.<\/li>\n<\/ul>\n<\/ul>\n<ul type=\"disc\">\n<li>\n          <b>Reach More without Repeating More<\/b>\n        <\/li>\n<ul type=\"disc\">\n<li>CPG brands advertising across more than 6 CTV publishers had a duplication rate of just 18%.<\/li>\n<li>CPG campaigns reached just 12% (11.6%) of Innovid&#8217;s 95 million CTV households on average, indicating there&#8217;s plenty of room for growth.<\/li>\n<\/ul>\n<\/ul>\n<p>&#8220;When maximizing reach, duplication is a justified concern for marketers \u2013 an ad shown too many times can negatively impact the consumer experience,&#8221; continued Geno. &#8220;This is exactly where unified ad delivery, personalization, and measurement through a single independent platform is essential. There is a great deal of unexplored runway here, and there are many more households to reach. With the right tools, marketers can tap into those audiences, broaden reach, and mitigate oversaturation.&#8221;<\/p>\n<p>The report analyzed more than 103 billion CPG video advertising impressions served on Innovid&#8217;s platform over a full year. Researchers looked across CTV, mobile, and desktop devices, examining performance across standard and advanced video to compile a complete picture of CTV advertising benchmarks and insights globally.<\/p>\n<p>&#8220;As the worlds of digital and linear television converge, CPG brands are realizing that CTV delivers the best of both worlds,&#8221; added Geno. &#8220;It provides captivating sight, sound, and motion that engages audiences, along with the targetability, interactivity, and measurability that allows advertisers to increase the ROI of their campaigns. We believe that CPG brands will continue increasing their presence on CTV, as they are empowered with these experiences and tools that can reinforce brand loyalty and attract new customers\u2013all from the comfort of their couch.&#8221;<\/p>\n<p>The full Innovid CPG Report is available <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=3298567599&amp;u=https%3A%2F%2Finfo.innovid.com%2F2022-cpg-report%2F%3Futm_campaign%3D2022_CPG_Report%26utm_source%3Dpress%26utm_medium%3Dpress-release&amp;a=here\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a><\/u>.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: left\" role=\"heading\">\n        <b>About Innovid<\/b>\n      <\/div>\n<p>Innovid (NYSE: CTV) powers advertising delivery, personalization, measurement and outcomes across linear, CTV and digital for the world&#8217;s largest brands. Through a global infrastructure that enables cross-platform ad serving, data-driven creative, and currency-grade measurement, Innovid offers its clients always-on intelligence to optimize advertising investment across channels, platforms, screens, and devices. Innovid is an independent platform that leads the market in converged TV innovation, through proprietary technology and exclusive partnerships designed to reimagine TV advertising. Headquartered in <span class=\"xn-location\">New York City<\/span>, Innovid serves a global client base through offices across the Americas, <span class=\"xn-location\">Europe<\/span>, and <span class=\"xn-location\">Asia Pacific<\/span>. To learn more, visit <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=3846489064&amp;u=http%3A%2F%2Finnovid.com%2F&amp;a=innovid.com\" target=\"_blank\" rel=\"nofollow noopener\">innovid.com<\/a><\/u>\u00a0or follow us on <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=2250750967&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Finnovid%2F&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a><\/u>\u00a0or <u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=3509501287&amp;u=https%3A%2F%2Ftwitter.com%2Finnovid&amp;a=Twitter\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/u>.<\/p>\n<p>\n        <b>Media:\u00a0<br \/><\/b>Chris Harihar\u00a0<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655911-1&amp;h=1260872034&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3567740-1%26h%3D2755039067%26u%3Dhttps%253A%252F%252Fwww.globenewswire.com%252FTracker%253Fdata%253DsaUIKqplN4a1mmBHnJ868WPtQDiI9CYN8tPxeCprfT7Z10RmhjMWlnSVV73LQMzuHuKBvDdUJFVpwSmAI_v1oc2aItMIk-iv9X0_NT8HlG4%253D%26a%3DChris%2540crenshawcomm.com&amp;a=Chris%40crenshawcomm.com\" target=\"_blank\" rel=\"nofollow noopener\">Chris@crenshawcomm.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY80811&amp;sd=2022-09-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44-301630703.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44-301630703.html<\/a><\/p>\n<p>SOURCE  INNOVID<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY80811&amp;Transmission_Id=202209220900PR_NEWS_USPR_____NY80811&amp;DateId=20220922\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Innovid&#8217;s inaugural CPG report reveals the power of CTV for brands in reaching and engaging global audiences NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Innovid (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV, today announced findings from its first-ever deep dive consumer packaged goods (CPG) report, examining critical trends, challenges, and opportunities in the video advertising industry. The report reveals that, amongst CPG advertisers, connected television (CTV) devices account for over half of all video ad impressions (52%) \u2013 up from 44% previously \u2013 overtaking both mobile (37%) and desktop (11%). &#8220;Consumer behavior is changing at an unprecedented speed, and the rise in ecommerce has compelled CPG brands to reimagine their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688083","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Innovid&#8217;s inaugural CPG report reveals the power of CTV for brands in reaching and engaging global audiences NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Innovid (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV, today announced findings from its first-ever deep dive consumer packaged goods (CPG) report, examining critical trends, challenges, and opportunities in the video advertising industry. The report reveals that, amongst CPG advertisers, connected television (CTV) devices account for over half of all video ad impressions (52%) \u2013 up from 44% previously \u2013 overtaking both mobile (37%) and desktop (11%). &#8220;Consumer behavior is changing at an unprecedented speed, and the rise in ecommerce has compelled CPG brands to reimagine their &hellip; Continue reading &quot;NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-22T13:06:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1815335\/INNOVID_LOGO.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%\",\"datePublished\":\"2022-09-22T13:06:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/\"},\"wordCount\":671,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1815335\\\/INNOVID_LOGO.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\\\/\",\"name\":\"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44% - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/","og_locale":"en_US","og_type":"article","og_title":"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44% - Market Newsdesk","og_description":"PR Newswire Innovid&#8217;s inaugural CPG report reveals the power of CTV for brands in reaching and engaging global audiences NEW YORK , Sept. 22, 2022 \/PRNewswire\/ &#8212; Innovid (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV, today announced findings from its first-ever deep dive consumer packaged goods (CPG) report, examining critical trends, challenges, and opportunities in the video advertising industry. The report reveals that, amongst CPG advertisers, connected television (CTV) devices account for over half of all video ad impressions (52%) \u2013 up from 44% previously \u2013 overtaking both mobile (37%) and desktop (11%). &#8220;Consumer behavior is changing at an unprecedented speed, and the rise in ecommerce has compelled CPG brands to reimagine their &hellip; Continue reading \"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-22T13:06:21+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1815335\/INNOVID_LOGO.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44%","datePublished":"2022-09-22T13:06:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/"},"wordCount":671,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1815335\/INNOVID_LOGO.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-cpg-study-ctv-devices-account-for-over-half-of-global-video-impressions-in-cpg-vertical-up-from-44\/","name":"NEW CPG STUDY: CTV Devices Account for Over Half of Global Video Impressions in CPG Vertical, Up from 44% - 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